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Search Results 0 to 7 of about 8 (some duplicates have been removed)
called that plan doa on the hill. >> the american people believe that the tax question has been settled. they know the president called for a balanced approach to the debt. and they know he got his revenue. >> you see the republicans playing games with the budget. give new meaning to the term march madness because that's what will result if we have to face a sequester. it's a very bad idea. a sequester should be out of the question. >> two republican congress mens are backing the president's plan. tom rooney of florida said i think any alternative is allowing the sequester to take effect. rob bishop said the postponing is better than the implementation and the cuts. cnbc contributor, also a columnist for reuters, i will start off with you on this one. i am sizing up from speaker boehner and nancy pelosi. the language and the tone and how do you assess where things were 23 days out? >> right. you would be hard pressed to find a member who wants the sequester to go through. in the defense industry with representative rooney and that's a big industry in florida. no one wants this to happen
to eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> our first read team notes that while republicans want to solely talk about the budget the white house does not want to be bogged down on one issue that in the past cost hem political capital. quote, the obama white house wants to overled wa's political circuits to see what it can get through congress without letting congress define what issues get addressed. joining us now kelly o'donnell. our first read team noted the p talking about guns, immigration and today addressing the issue of the sequester. >> reporter: well, there is that sprint in the first year of his second term to try to get as much done as possible. and urgency on all these issues for different reasons. and when it comes to the sequester, the automatic budget cuts, kind of an odd term for what's meant to be automatic sweeping cuts across the board for the departments with a few exceptions. that was put in place as you know to try to be a bit of a force on congress to make a more sweeping plan of long-term deficit reduction
-50 split of spending cuts and tax hikes. that's the plan democrats are leaning toward but this still really is about the economy and how to solve some of the immediate problems we have. >> yeah. i must tell you that i'm one of the progressives who agrees with the economist paul krugman on this. any time talking about deficits, we are buying in to the right wing mantra somehow deficits are killing the economy. look at great britain and doing with their austerity plans and doesn't add up. i'm much more of the mind to be proactively looking at infrastructure investment like many of the business advisers told president obama should happen. people from commerce, from industry. i get it. that won't happen as long as house republicans are dead set against it. and what we're left with is unfortunately in my view a detente to put the discussion in the frame the republicans want. what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the pre
the money. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people, why would you hire more people? >> right. >> because they realize they can make more with less so the idea the corporations get more money and reduce taxes, hire people is not connected with reality. it is not the way business operates. >> buy a robot instead of hire ten people which is exactly what companies do. >> plenty of companies have done th that. thank you very much. >>> we have new information on the embassy attack on turkey. at least two people are dead. several injured. we have the latest on what the white house calling an act of terror. >>> and after being criticized by religious groups, for the
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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